$IOTA ๐ #IOTA Technical Outlook :
๐ The token is currently retesting the upper boundary of the broken descending channel on the daily timeframe.
๐ Price action indicates strong support at this level, further reinforced by a developing bullish divergence โ a potential sign of reversal ๐ค
๐ If the bounce holds, we can anticipate a move toward the following targets:
๐ฏ Target 1: $0.28
๐ฏ Target 2: $0.31
๐ฏ Target 3: $0.40
๐ฏ Target 4: $0.50
This is a key zone to watch for a bullish confirmation before continuation! ๐
โ Buy and Trade here on $IOTA